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Cruz Magdalena
Señora Cruz is a member of the communal bank who lives in the city of Cuenca. This city has a cool climate. It is the third most important city in the country, and has beautiful architecture that is a combination of colonial and modern. Its people are friendly and keep up their culture and traditions.

Doña Cruz is 44 years old. She is married, and has 3 children from her marriage who are aged 28, 25, and 22 years old. All of her children are married and financially independent. Her husband is a driver by profession; he works as a taxi driver. They do not have their own house, so they live in a rental.

Señora Cruz works selling jello at a market in the city, an activity that she has been engaged in for the last 20 years.

This is her first loan through the communal bank, to which she was invited by her daughter. She will invest the money from her loan into her business, as she will be traveling to another city to sell her products for the festivals, and needs the loan to pay for transport, accommodation, and food.

Her goal is to grow her business on a daily basis.
View original language description ↓
La Señora Cruz es socia del banco comunal vive en la ciudad de Cuenca, esta ciudad es de clima frió, es la tercera ciudad más importante del país, tienen una hermosa arquitectura que se mezcla entre lo colonia y lo moderno, su gente es amable y mantiene su cultura y tradiciones.

Doña Cruz tiene 44 años, es casada y en su unión conyugal ha concebido 3 hijos de 28, 25 y 22 años de edad, todos sus hijos son casados e independientes. Su esposo es de profesión chofer y labora como taxista, no tienen casa propia por lo que viven arrendando.

La Señora. Cruz se dedica a la venta de gelatina en un mercado de la ciudad, esta actividad la desempeña hace 20 años.

Este es su primer crédito que realiza en el banco comunal al cual fue invitada por su hija, el dinero de su crédito lo va a invertir en su negocio ya que va a viajar a otra ciudad para vender su producto en las fiestas y necesita para el trasporte, estadía y alimentación.

Su meta es crecer cada día más en su negocio.

About Ecuador

  • $10,600
    Average annual income
  • 46
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $450 helped Cruz Magdalena to pay for transport, accommodation and food.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 23, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012